Cost Optimization Toolkit

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Resolve issues affecting system availability, performance and security, hardware and software interfaces; critical IT issues affecting Integration and Interoperability, Emerging Technologies, application of Business Processes, and optimization of existing architecture.

More Uses of the Cost Optimization Toolkit:

  • Ensure you coach; spearhead new Product Introduction activities to condition engineering inputs for feasibility, Cost Optimization and maximal Customer Value.

  • Enforce effective Cost Optimization techniques in cloud, on prem, and edge environments to minimize the Total Cost of Ownership of the AI Services.

  • Confirm you educate; understand IT industry Best Practices, standards, and resources to ensure continuous optimization of IT delivery effectiveness by staying informed of technology upgrades and Emerging Technologies.

  • Execute tests, collect and analyze data, identify trends and insights in order to achieve maximum ROI in paid search campaigns.

  • Analyze organizational processes, research and recommend new and/or changes to existing hardware and software that promote efficiency and effectiveness.

  • Drive Cost Optimization Efforts by collaborating with Finance and Engineering teams across the enterprise, recommending and purchasing reserved instances and savings plans across AWS, Azure and GCP.

  • Assure your organization follows Customer Profitability practices as Cost Optimization methods, productivity and quality benchmarking, periodic target revision etc.

  • Head: intermediate level of understanding on the Data Center Infrastructure Technology solution, tools set, and Public Cloud (Azure, GCP, AWS, etc).

  • Deliver insights through analytics, models, Data Visualization, and dashboards that drive optimized business decisions to improve performance and Reduce Costs.

  • Control: partner with the Sales Team to identify client business and Technical Requirements during the sales cycle and determine recommended solutions and services.

  • Ensure your organization analyzes Product Development feasibility, taking into consideration Production Cost Optimization requirements, existing and/or additional technology and resources needed.

  • Ensure your design complies; conducts Research And Analysis in developing new techniques to evaluate findings for resolving critical issues affecting configuration changes to your organizations information Technology Infrastructure.

  • Drive Cost Optimization in Product Development for existing and future products with a focus on establishment and attainment of cost targets.

  • Confirm your venture ensures Cost Optimization, maximizing your IT Investments, ensures inventory/CMDB accuracy, compliance, usage tracking of Hardware and Software Assets.

  • Confirm your organization ensures that all activities performed align with the vision of the clients Board Of Directors, Executive Team, and the leadership of the Corporate Operations team.

  • Drive: partner with your Cloud Governance organization to ensure appropriate tagging and alerts strategies are deployed and maintained at scale to manage costs.

  • Resolve all issues using standard practices, procedures and organization approved troubleshooting tools and Workflow Processes.

  • Warrant that your design develops and implements test technologies to address the design, development, verification, and operation needs of software, systems or hardware.

  • Mitigate significant security risks, designs and implements strategies and programs to prevent and reduce loss of your organizations assets while driving Cost Optimization goals.

  • Coordinate: model the Manufacturing Process using advanced Statistical Methods to minimize Manufacturing Cost via cost modeling of goods, people, and equipment while maintaining Product Quality.

  • Maintain and build upon existing CX team forecasting models to plan for peak business periods and identify Cost Optimizations.

  • Evaluate Business Processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions.

  • Optimize capacity and order flow, reduce inventory exposure, increase full price sales and minimize missed opportunities through speed, responsiveness, and Cost Optimization.

  • Evaluate potential alternatives, designing New Solutions, formulating an Implementation Plan, develop follow up procedures to ensure that the plans objectives are accomplished.

  • Evaluate: direct and coordinate all Project Management activities related to Cost Reduction in support of the Cost Optimization committee.

  • Ensure your venture provides content expertise for tool set up and implementation ensuring successful and sustainable execution of Workforce Management tools and technologies.

  • Adopt/lead your organization and customer oriented approach to delivering services and Cost Optimization while focusing on Quality Improvements.

  • Ensure you conceptualize; build, supervise and improve real time Cloud Cost and consumption dashboards and forecasts for executive committee briefings, corporate finance workflows and engineering transparency.

  • Pilot: review Data Visualization dashboards to support investment options and track ongoing Investment Portfolio performance against pre determined metrics.

  • Ensure you Focus Efforts on continuous improvement; and have a knack for identifying and seizing opportunities for synergy and integration.

 

Save time, empower your teams and effectively upgrade your processes with access to this practical Cost Optimization Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Cost Optimization related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Cost Optimization specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Cost Optimization Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Cost Optimization improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. Is a follow-up focused external Cost Optimization review required?

  2. What resources are required for the improvement efforts?

  3. How do you track Customer Value, profitability or Financial Return, organizational success, and sustainability?

  4. Do you all define Cost Optimization in the same way?

  5. What is a worst-case scenario for losses?

  6. What is your formula for success in Cost Optimization?

  7. Who sets the Cost Optimization standards?

  8. Who controls key decisions that will be made?

  9. What do you measure and why?

  10. Who should make the Cost Optimization decisions?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Cost Optimization book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Cost Optimization self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Cost Optimization Self-Assessment and Scorecard you will develop a clear picture of which Cost Optimization areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Cost Optimization Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Cost Optimization projects with the 62 implementation resources:

  • 62 step-by-step Cost Optimization Project Management Form Templates covering over 1500 Cost Optimization project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Cost Optimization project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Cost Optimization Project Team have enough people to execute the Cost Optimization Project Plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Cost Optimization Project Plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

 
Step-by-step and complete Cost Optimization Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


2.0 Planning Process Group:


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 Cost Optimization project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Cost Optimization project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any Cost Optimization project with this in-depth Cost Optimization Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Cost Optimization projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Cost Optimization and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Cost Optimization investments work better.

This Cost Optimization All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.